Showing posts with label Italy. Show all posts
Showing posts with label Italy. Show all posts

Wednesday, September 9, 2009

ITALIAN BANKERS HOARD CHEESE

The vaults of Italian bank Credito Emiliano are bursting with cheese.

The bank accepts Parmigiano cheese as collateral from cash-strapped cheesemakers.

Credito Emiliano has amassed cheese reserves of 17,000 tons of aged Parmigiano. The 440,000 wheels of cheese are appraised at $187 million.

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Photobucket